Board Recommends New Interlocal Agreement for Land Bank
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Description
The Land Bank Authority recommended adoption of a Second Amended and Restated Interlocal Cooperation Agreement between the City of Griffin and Spalding County to govern the Land Bank’s operations and funding. The draft assigns the City responsibility for managing Authority funds and establishes shared budget and tax allocation rules.
Contract Details
Vendor
CITY OF GRIFFIN
Agency
City of Griffin, GA
Contract Type
OTHER
Document Date
May 27, 2026
Contract Term
Ongoing under Amended and Restated Interlocal Cooperation Agreement
Renewal Date
2027-12-31
Renewal Info
Agreement term is one year from its 2026 effective date and automatically renews annually unless a party withdraws with 90 days’ notice; dissolution provisions govern asset distribution upon termination.
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